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COMMISSIONER OF INCOME TAX/WEALTH TAX COMPANIES ZONE FAISALABAD versus CRESCENT FLOUR MILLS (PVT.) LTD., FAISALABAD

Under section 50 (4) and 52 Income Tax Ordinance, 1979, section 50 (Income Tax Ordinance 1979) is clearly on the goods that the recipient receives as a supply and it is against the payment of cash from the open market. Outbound counter is not on purchase or other purchase. Or even by credit, word cash purchases cannot be equated with the provision of the words for the purpose of Section 50 (4), Income Tax Ordinance, 1979, if the individuals are declared to be deducted from the terms. The difference between the two terms and the difference between the sales support supply is illustrated

Related judgments — Lahore High Court Lahore, 2009

• MUHAMMAD IDREES AASI v. DISTRICT COORDINATION OFFICER, FAISALABAD 2009 CLC 1163
• MUHAMMAD AFZAL v. State 2009 PCrLJ 1165
• MUHAMMAD NASRULLAH v. ELECTION COMMISSION OF PAKISTAN 2009 CLC 1167
• LIAQAT HUSSAIN v. State 2009 MLD 1167
• AURANG ZAIB v. State 2009 PCrLJ 1169
• MUHAMMAD ASGHAR v. D.C.O. 2009 YLR 1169
• NISHAT MILLS LTD. v. NISHAT APPAREL LTD. 2009 CLD 1172
• Mian ABDUR RAHIM v. MEMBER BOARD OF REVENUE/CHIEF SETTLEMENT COMMISSIONER, PUNJAB, LAHORE 2009 YLR 1173

All Lahore High Court Lahore judgments of 2009 →

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